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Children's savings

Start saving for their future today.

  • Open an account from as little as £1
  • Offers a variable rate of interest which accrues daily and is paid annually on 5 April.
  • Can be opened and managed by someone on a child's behalf or, if you are aged 7+, you can open and manage it in your own name.

Future Fund

  • The Future Fund is all about getting your child off to the best start by building up a lump sum for the future. Start saving from £1.
  • Earn 0.03% Gross / AER variable, paid annually on 5 April.
  • Allows instant access to your money.
  • Manage your account online, through the mobile app, in branch, over the phone, or in one of the 11,500 Post Office® branches across the UK.
  • Anyone aged between 7 and 18 years can open this account in their sole name.

    • Children of any age can have an account opened on their behalf by an adult.

To apply, you must be:

  • A UK resident (for tax purposes).
  • Aged under 18.

    • To open an account on a child's behalf, you must be a UK resident aged 18 or over.
  • If the child is under 7, a person must open the account on their behalf.

Learn more


Our savings tools can help you plan a budget and learn more about our ISAs.

Help for existing customers

Help and information about savings accounts for our existing customers.

Learn more

Any reference to tax is based on our understanding of current tax regulations which may change in the future and depends on your individual financial circumstances.

The Co-operative Bank reserves the right to decline or accept any application and/or deposit.

smile, The Co-operative Bank and Britannia are trading names of The Co-operative Bank plc, which is a member of the Financial Services Compensation Scheme (FSCS).